NiftyFuture last close: 17535.45 (+0.9%)
NiftyFuture was opened 17405 and broken all time 17436 then went to 17545 on Sept 15
Already I mentioned, “NF was consolidated nearby all time high once if breaks expect further rally” What happened on yesterday ?
NTPC, Coalindia, Bhartiartl and Tatapower did very good and lift the index
Selling pressure seen in finance stocks and selected metal stocks
Volatility index sustained 13.50
NSE announces ” Finnifty weekly expiry on every Tuesday”
FIIs net bought 232 crore while DIIs net bought 167 crore in cash segment
9 stocks under F&O ban, Canbank, Exideind, Escorts, Idea, Irctc, Lichsgfin, Nationalum, Suntv, and Zeel
US markets ended higher on Wednesday. Dow rose 93 points and Nasdaq lost 10 points
Asian markets were set to mixed on Thursday’s trade
SGXNifty indicate a flat opening for the index and likely to witness bulls will be dominate the markets during the day
NiftyFuture formed a bullish candle on yesterday which is indicating further rally expecting
However, As per Open Interest 17400 PE, 17500PE added more OI and 17500Ce and 17600CE was seen highest OI
NF is facing a intraday resistance 17550, 17570 and 17600
On other side, NF can be considering a supports 17505, 17485 and 17450
Don’t short at very lower levels!!
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Updated: 08.48 am / 16th Sept 2021